2 ms·
I seem to recall reading articles like this in 1997 about the internet. “What’s there to do really?” they asked. Whatever annoyance somebody had with the state
by pavlov 2y ago
I seem to recall reading articles like this in 1997 about the internet.
“What’s there to do really?” they asked. Whatever annoyance somebody had with the state of the early web was magnified into a portrait of decline.
It was only for nerds. Or maybe too shallow with ugly amateur content. Or too commercialized already. Or maybe it was never going to be a successful platform for business because nobody is crazy enough to put their credit card number in an online form. Etc.
These contradictory complaints were all present back in the day, but in retrospect there was so much room for both technical and social growth that they just seem quaint now.
- nabla9 2y agoToday we are asking: Why the productivity growth from the internet was so low? As Robert Solow said “you can see the computer age everywhere but in the productivity statistics.” The productivity gains from the internet have been surprisingly small or negligible so far. There was initial surge in productivity growth from 1996-2000, then productivity growth fell back to pre-internet levels.
- pavlov 2y agoIMO, as long as increasing headcount is a primary measure of managerial success and status, there won’t be meaningful productivity gains because managers spend profits on hiring people who are not necessary but make their fiefdoms look more important.
- Jensson 2y agoManagers hires managers so they don't have to work. Then those managers hires managers so they don't have to work. There is no end to how many managers you can have.